Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
- 37,439
so, no Jobs Boom is better?why not end the capital gains tax preference?Who's fault is that? The rich have a capital gains tax preference, to help create Jobs Booms, so the poor can also be Patriotic, and pay personal income taxes through a work ethic from the Age of Iron.Boy, you could say that again.
Those payroll taxes you speak of are more like savings accounts. Unless you pass away before retirement, you will get your Social Security money back, you will get your FICA back because FICA is just a fancy word for Social Security. You will get you medicare deductions back. And if you live to the average lifespan, you will get much more back than you put in.
Your city and state taxes provide you with services YOU use every day.
Outside of entitlements, Congress spends income tax money for everything else, and nearly half of the people in this country don't pay that tax.
Democrats would never allow it. When they promise people more goodies, they do so with the expectation it will cost somebody else. If we all had to pay for those goodies, the Democrats would not be able to offer them anymore.
Because that would have a negative effect on the stock market and other investments.
Jobs rely on successful investments. That's why business puts their company in the stock market in the first place. If you have a failing stock market, then you have a failing employment problem.